A term used inside of the more urban northeast region of the united states meaning that they will take your Ass/Pussy by fucking the shit outa you.
Stop playn round before I Take Your Cookie shawty
Basically stemming from, "take that cookie" or "take you're cookie", if someone tells you this, it is like saying, "keep that seat warm for me" but they want you to keep your ass ready for them so when they tryna take it, its nice and soft.
Keep That Cookie Moist for me for when I come back around the block tonight